Archive · 25 Jul 2025
SBI Card to Remove Air Accident Insurance from Co-Branded Cards
Imagine you have a special credit card that helps protect you if something bad happens during a flight.
SBI Card is stopping this protection for certain cards.
This means some credit cards that offered free air accident insurance, like those from UCO Bank and Central Bank of India, will no longer have it.
This change is happening because SBI Card decided to remove this feature.
If you have one of these cards, it's important to know that you might need to buy separate insurance if you want to be protected when you fly.
It's like the card is saying, "You're on your own for this protection now!"
SBI Card will discontinue complimentary air accident insurance on several co-branded credit cards.
The change affects co-branded ELITE and PRIME cards from banks like UCO Bank and Central Bank of India.
Affected cards previously offered ₹1 crore or ₹50 lakh in air accident insurance.
The insurance was provided without separate enrollment or payment, automatically bundled with the cards.
Cardholders should consider standalone insurance and review their credit card terms.
- Who
- Customers holding co-branded ELITE and PRIME cards with banks like UCO Bank, Central Bank of India, and others will be affected.
- What
- SBI Card is discontinuing complimentary air accident insurance on several co-branded credit cards.
- When
- Starting August 11, 2025 for co-branded cards. Air accident insurance was removed from SBI Card's own premium offerings in July 2025.
- Where
- This affects credit cards issued by various banks in partnership with SBI Card.
- Why
- No specific reason is stated in the article.
Cardholders
SBI Card
Benefit Loss
Cardholders
Cardholders may lose a valuable benefit.
SBI Card
N/A
- Affected Cards (ELITE)
- UCO Bank, Central Bank of India, PSB, Allahabad Bank, Karur Vysya Bank (KVB)
- Affected Cards (PRIME)
- UCO Bank, Central Bank of India, PSB, KVB, South Indian Bank, Karnataka Bank, City Union Bank, Allahabad Bank, UBI, OBC, Federal Bank, Bank of Maharashtra
- Insurance Amounts
- ₹1 crore or ₹50 lakh depending on card variant
- Discontinuation Date
- August 11, 2025 (for co-branded cards)
- Prior Discontinuation
- Air accident insurance removed from SBI Card's own premium offerings in July 2025.